Loan Closer

Our client, located in Jersey City, NJ, is seeking an experienced Loan Closer to support the execution and settlement of syndicated loan transactions. This individual will play a critical role in coordinating loan closings, managing transaction workflows, and ensuring timely and accurate settlement of loan trades and assignments.

Responsibilities

• Manage the end-to-end closing process for syndicated loan transactions, including assignments, amendments, and settlement
• Coordinate with agents, lenders, borrowers, legal counsel, and internal stakeholders to facilitate successful transaction execution
• Review and process trade documentation and closing packages
• Track transaction status and proactively resolve issues impacting settlement timelines
• Ensure all closing conditions and documentation requirements have been satisfied prior to funding
• Reconcile transaction details and maintain accurate records throughout the closing process
• Support high-volume loan closing activity while ensuring accuracy and compliance with market standards
• Partner closely with Operations, Finance, Legal, and Portfolio Management teams
• Assist with process improvements and operational efficiencies related to loan settlements and closing

Requirements

• Bachelor's degree
• 5 - 10 years of experience in syndicated loan operations, loan closings, bank debt settlements, or related financial services functions
• Strong understanding of the syndicated loan lifecycle, including primary and secondary market transactions
• Experience processing loan assignments, trade settlements, and transfer documentation
• Familiarity with industry-standard loan settlement platforms and electronic trade processing systems
• Knowledge of LSTA documentation and market conventions
• Ability to manage multiple transactions simultaneously in a fast-paced environment